Entrepreneurship for Kids Worksheet: Needs and Wants
Business tip (Must have or nice to have?): Need = must have to live, stay healthy, safe or go to school (water, food, shoes, medicine, uniform, bus fare). Want = nice to have, but we can live without it (games, gadgets, extra shoes, sweets every day). Season changes what people need: umbrellas in the monsoon, warm drinks in winter.
NameDateTime takenScore ___ / 40
- 1.🛒 Need or want: school shoes? (a) a want (b) a need
- 2.Which of these is a want? (a) notebooks for school (b) a sticker album (c) school shoes (d) a warm blanket
- 3.True or false: “soap” is a want. (a) True (b) False
- 4.🛒 Need or want: a school uniform? (a) a need (b) a want
- 5.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the needs (d) the most fun thing
- 6.Which of these is a want? (a) a video game (b) drinking water (c) a warm blanket (d) a roof over your head
- 7.Which of these is a need? (a) drinking water (b) a bigger TV (c) a sticker album (d) a toy robot
- 8.🔍 Which is the odd one out? (a) a bigger TV (b) soap (c) a fancy phone cover (d) a toy robot
- 9.True or false: “notebooks for school” is a want. (a) False (b) True
- 10.Which of these is a want? (a) rice and dal (b) a school uniform (c) a toy robot (d) drinking water
- 11.True or false: “a school uniform” is a want. (a) True (b) False
- 12.🔍 Which is the odd one out? (a) a glitter pen set (b) soap (c) a warm blanket (d) drinking water
- 13.🔍 Which is the odd one out? (a) rice and dal (b) a roof over your head (c) soap (d) a party dress
- 14.🛒 Need or want: a glitter pen set? (a) a need (b) a want
- 15.🛒 Need or want: a video game? (a) a want (b) a need
- 16.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) ice lollies (d) hot drinks
- 17.🔍 Which is the odd one out? (a) notebooks for school (b) a warm blanket (c) bus fare to school (d) designer sunglasses
- 18.Which of these is a want? (a) designer sunglasses (b) a warm blanket (c) school shoes (d) a roof over your head
- 19.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) notebooks for school (d) designer sunglasses
- 20.Which of these is a want? (a) bus fare to school (b) a third pair of shoes (c) drinking water (d) school shoes
- 21.Which of these is a need? (a) a video game (b) a bigger TV (c) a roof over your head (d) a glitter pen set
- 22.🛒 Need or want: medicine when ill? (a) a want (b) a need
- 23.True or false: “a bigger TV” is a need. (a) True (b) False
- 24.💡 A need is something… (a) nice but not needed (b) made of plastic (c) only rich people buy (d) we must have to live
- 25.🔍 Which is the odd one out? (a) drinking water (b) sweets every day (c) a sticker album (d) a glitter pen set
- 26.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
- 27.Which of these is a want? (a) school shoes (b) rice and dal (c) a school uniform (d) a glitter pen set
- 28.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) it is not safe (d) many people want it
- 29.True or false: “soap” is a need. (a) False (b) True
- 30.🛒 Need or want: notebooks for school? (a) a want (b) a need
- 31.True or false: “drinking water” is a want. (a) True (b) False
- 32.Which of these is a need? (a) sweets every day (b) a bigger TV (c) a glitter pen set (d) bus fare to school
- 33.🛒 Need or want: a roof over your head? (a) a need (b) a want
- 34.🛒 Need or want: designer sunglasses? (a) a need (b) a want
- 35.🛒 Need or want: drinking water? (a) a want (b) a need
- 36.True or false: “bus fare to school” is a want. (a) False (b) True
- 37.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
- 38.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) a want: games (d) nothing at all
- 39.Which of these is a need? (a) a third pair of shoes (b) designer sunglasses (c) notebooks for school (d) a party dress
- 40.Which of these is a need? (a) a glitter pen set (b) rice and dal (c) sweets every day (d) a bigger TV
Answer key
- a need
- a sticker album
- False
- a need
- the needs
- a video game
- drinking water
- soap
- False
- a toy robot
- False
- a glitter pen set
- a party dress
- a want
- a want
- hot drinks
- designer sunglasses
- designer sunglasses
- notebooks for school
- a third pair of shoes
- a roof over your head
- a need
- False
- we must have to live
- drinking water
- umbrellas and raincoats
- a glitter pen set
- many people want it
- True
- a need
- False
- bus fare to school
- a need
- a want
- a need
- False
- a want
- a need: food
- notebooks for school
- rice and dal
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids